Examlex
A conservative force can be a function only of position, and cannot depend on other variables like time or velocity.
Producer Surplus
The differentiation between the accepted selling price by producers for a product or service and the final earning.
Consumer Surplus
The gap between what consumers are ready and financially able to spend on a good or service and what they actually spend.
Tax
An obligatory fee or some other type of financial imposition placed on a taxpayer by a government organization, designed to cover the cost of government activities and diverse expenditures in public services.
Per-unit Burden
The financial impact or cost of a tax, fee, or regulation expressed on a per unit basis.
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